Keeping in mind the twin objectives of supporting the Make in India initiative and providing world-class products at affordable price for treatment, the government has given the go ahead to set up 4 medical device parks in the country. The states of Andhra Pradesh, Telangana, Tamil Nadu and Kerala have been zeroed on for this […]
It has been reported in the media that China & US are willing to roll back the tariffs that they imposed on each other’s goods, provided that phase one trade deal is completed. White House spokeswoman Stephanie Grisham told the reporters “I cannot get ahead of the talks with China, but we are very, very […]
With the agenda of expediting the development of coal blocks auctioned to private firms, the government is planning to introduce an online application form and single-window clearance for mining lease, land acquisition and other approvals. Some of the other things that the Centre wants in order to get the sector up and running include increasing […]
The upcoming meeting of India’s PM, Shri Narendra Modi with China’s President, Xi Jinping, during November 13-14 on the sidelines of BRICS Summit in Brasilia could include discussions on RCEP. This follows India’s decision to stay away from the Regional Comprehensive Economic Partnership (RCEP) in its current form at a recent RCEP Summit in Bangkok. […]
Prior to President Xi Jinping’s visit to US to sign a partial trade deal with President Donald Trump, China has sought the roll back of US tariffs on as much as US$ 360 billion of Chinese imports. These tariffs were imposed by US on about US$ 110 billion in goods in September, and about US$ […]
As opposed to the existing 8-hour working day, the Labour Ministry has suggested the idea of nine-hour regular working day in its draft wage code which could face resistance from labour unions. However, the Ministry didn’t fix a national minimum wage, which has been left in the hands of an expert committee. The draft also […]
Addressing an event in Bangkok on November 3, Prime Minister Shri Narendra Modi said the country is among the top 10 destinations for foreign direct investment (FDI) in the world and had received US$ 286 billion of FDI in the last five years. He attributed this to many things such as foreign direct investment, ease […]
The first ever containerised cargo movement via Indo-Bangladesh protocol route and Brahmaputra river is all set to start from West Bengal’s Haldia on Monday. The vessel MV Maheshwari, carrying 53 containers of petrochemicals, edible oil and beverage will sail through national waterway-1 (river Ganga), NW-97 (Sunderbans), Indo-Bangladesh protocol route and NW-2 (river Brahmaputra) and reach […]
A recently released draft statement by Southeast Asian leaders stated that the signing of the world’s largest trade pact will likely be kicked back to 2020. Objections by India have once again clouded hopes of finalising the pact at this weekend’s Association of Southeast Asian Nations (ASEAN) summit in Bangkok. India is worried that its […]
The latest research by the International Monetary Fund has indicated that led by India, South Asia is moving towards becoming driver of global growth and could contribute about one-third of the world’s growth by 2040. Ahead of the release of IMF’s paper titled ‘Is South Asia Ready for take Off? A sustainable and inclusive growth […]
